Uncertain Times
That’s the only way forward in uncertain times. It is also necessary to have capacity for organization and control of external changes in real time. It is important to be vigilant. Governor Cuomo pursues this goal as well. ” In his opinion, “uncertainty is an opportunity for those who are ready. Managers tend to protect what they have to wait and colicky uncertainty over time. A better strategy is to seize it.
The best opportunities come at times of crisis, in times of stability. ” The key is that, “apart from historical fluctuations, managers must use their imagination, paying attention to signs of weakness, drawing comparisons with other sectors and listening to outside experts and the company itself.” To Schoemaker, if companies rethink their strategies, could also avoided the avalanche of redundancies taking place around the world: “A better strategy would promote growth and therefore new contracts. But too often, managers focus on what has worked in the past and fail to adapt their strategies to the new reality. Businesses are dynamic nature. Now, for example, attended a creative destruction, while at other times we have witnessed the ability to reinvent large and small companies. ” It adds that “leaders can learn from their mistakes in this crisis.
Some have an excess of confidence, others ignore relevant facts and some feel unsafe or uncomfortable in a situation of confusion. The leader’s role gains importance in times of crisis. A leader must be able to tolerate mistakes, own and others, learn from them and overcome. When all is said and done, what does not kill you makes you stronger.
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